Mortgage Rates Slip, Odds of a Hike in June
The average rate for a benchmark 30-year mortgage has slipped 8 basis points over the past week to 4.12 percent. While the average remains 20 basis points above the 3.92…
Office Rents Hit a Record High in SF but Barely Budged Last Year
Having slipped for the first time since 2010 in the third quarter of last year, the average asking rent for office space in San Francisco inched up 0.8 percent in…
Housing Could Rise on Shuttered American Cyclery Site
With American Cyclery having shuttered their “too” annex at 858 Stanyan Street at the end of last year in anticipation of a significant rent hike, the 2,650-square-foot, single-story building on…
Lucas Picks LA over SF for Billion Dollar Museum
The billion dollar Lucas Museum of Narrative Art will be built in Los Angles rather than San Francisco. While the museum’s Board of Directors focused on the positives in their…
A Race to (Fore)Close in Saint Francis Wood
Purchased for $910,000 in 2003 having sat empty for 25 years, the St. Francis Wood home at 250 Santa Paula Avenue, which was originally designed by noted architect Angus McSweeney,…
The 300-Foot Tower Next Door
As you might have noticed, there’s big mass lurking in the background of the plans for an 18-story tower with 205 below market rate apartments to rise at 921 Howard…
A Collective of Jackson Square Sleeping Rooms as Proposed
Plans to convert the two office buildings at 1020-1028 Kearny Street into a collective of 24 sleeping rooms averaging 125 square feet apiece, with a few as small as 85…
Plans for an 18-Story Tower of Affordable Units Right Here
Owned by the “5H GP” LLC, which is an affiliated entity of the Tenderloin Neighborhood Development Corporation (TNDC), plans for an 18-story tower with 205 Below Market Rate (BMR) apartments…
New Board Will Set the Tone for Development in SF This Week
With the environmental review for the 157-unit development at 1515 South Van Ness Avenue having been successfully appealed in November, it would have been nearly impossible for San Francisco’s sitting…
Bernal Heights Dwell-ing Back on the Market Priced at $1.55 Million
Purchased out of foreclosure for $450,000 back in 2011, the former 760-square-foot, one-bedroom home at 330 Banks Street was completely remodeled, modernized and re-sold as a 1,253-square-foot, three-bedroom home, “fit…